LORD BLACK CONFRONTS THE CHARGES

Files under General | Mar 21st

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A few paragraphs from The Guardian’s Andrew Clark reporting from Chicago:

In an opening statement at Lord Black’s trial on racketeering charges in Chicago, assistant US attorney Jeffrey Cramer told a predominantly female jury that the former Telegraph owner had lied and stolen to prop up his position of international political leverage and finance a lifestyle of corporate planes, exotic holidays, and prime New York apartments.

He added: “You sit in a room with four men who stole $60m (£30.6m).

Four men who betrayed the trust of thousands of ordinary shareholders.

Four men who decided that their multi-million-dollar salaries were not enough.”

The couple are staying at the Ritz-Carlton hotel and spending the weekends at Lord Black’s summer home in Palm Beach.

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